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Greenspan still reaching for past glory, says plenty of nothing



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What surprises me the most about Greenspan is that the markets continue to listen to this guy anymore. What the hell did he actually say about the privatized retirement accounts? In theory, sure privatized anything always strikes a cord with the public and people will listen but saying that you agree in theory with the program at 30,000 feet and then getting specific about where you would have issues is another sad dodge by the once-great Greenspan.

How about commenting on the fear that many of us have with this program, that Wall Street charges will consume any benefits to account holders? This is nothing more than corporate welfare dished out by the master of corporate welfare handouts. If Greenspan can't be specific about this one he sad shadow of his former self ought to head out too pasture and let someone else do it.


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